PerpEquitiesEquity
MP perpetual futures
MP Materials Corp. tracked across crypto venues with normalized contract specs.
Price chart
53.06▼ 3.52%
54.0055.0056.0057.00
Jun 30Jul 1Jul 3Jul 4Jul 6
24/7 perp mark · BingX (MPUS-USDT)
Auto: market closed → highest-volume perp venue
Trading data
Perpetual market activity
Venues
3
Live markets
3/3
24h volume
$2.1M
Open interest
$447k
Best liquidity
$420k
Bitget
Tightest spread
+24.5 bps
Bitget
Highest volume
$1.6M
BingX
Settlement mix
USDT · 3/3
Best Liquidity
MPTightest Spread
MPHighest Volume
MPCompany data
Company fundamentals
Market cap
$9.5B
Updated 2h ago
Revenue
$347.6M
Trailing 12 months
Net income
$-71.2M
Trailing 12 months
Free cash flow
$-313.8M
Trailing 12 months
Profit margin
-20.5%
P/E
-126.4
P/S
27.3
Revenue estimate
$444.0M
Next fiscal year
Revenue growth
+61%
Next fiscal year
Fundamental detail
Annual + quarterlyLatest revenue$275.5M
Net margin-31.2%
Free cash flow$-328.1M
Net debt$-122.9M
PeriodRevenueGrowthNet incomeFCF
2020$134.3M+83%$-21.8M$-19.1M
2021$332.0M+147%$135.0M$-21.9M
2022$527.5M+59%$289.0M$16.9M
2023$253.4M-52%$24.3M$-199.2M
2024$203.9M-20%$-65.4M$-173.1M
2025$275.5M+35%$-85.9M$-328.1M
PeriodGross marginOperating marginNet marginROEROA
2020+47.3%-25.8%-16.2%-2.6%-2.0%
2021+69.7%+49.8%+40.7%+13.4%+7.1%
2022+79.0%+62.1%+54.8%+22.0%+12.9%
2023+41.4%-7.0%+9.6%+1.8%+1.0%
2024-32.8%-83.1%-32.1%-6.2%-2.8%
2025-2.4%-44.6%-31.2%-3.6%-2.1%
PeriodCashDebtNet debtCurrent ratio
2020$519.7M$70.8M$-448.8M13.03
2021$1.2B$691.8M$-487.5M21.44
2022$136.6M$678.5M$541.8M13.27
2023$263.4M$688.8M$425.5M10.42
2024$282.4M$914.5M$632.1M6.29
2025$1.2B$1.0B$-122.9M7.24
PeriodMarket capEnterprise valueP/SP/E
2020$2.6B$2.1B19.1-119.1
2021$7.9B$7.4B23.758.2
2022$4.3B$4.8B8.114.8
2023$3.5B$3.9B13.9141.8
2024$2.6B$3.2B12.8-27.4
2025$8.6B$8.5B31.2-101.0
PeriodRevenueGrowthNet incomeFCF
Q2 2024$31.3M-51%$-34.1M$-15.6M
Q3 2024$62.9M+20%$-25.5M$-53.3M
Q4 2024$61.0M+48%$-22.3M$-11.2M
Q1 2025$60.8M+25%$-22.6M$-93.7M
Q2 2025$57.4M+84%$-30.9M$-32.7M
Q3 2025$53.6M-15%$-41.8M$-92.5M
Q4 2025$103.7M+70%$9.4M$-109.3M
Q1 2026$132.9M+119%$-8.0M$-79.3M
PeriodGross marginOperating marginNet marginROEROA
Q2 2024-90.9%-171.1%-108.9%-3.1%-1.4%
Q3 2024-21.7%-62.8%-40.5%-2.4%-1.1%
Q4 2024-31.8%-72.1%-36.6%-2.1%-1.0%
Q1 2025-15.5%-57.2%-37.2%-2.2%-1.0%
Q2 2025-24.1%-76.5%-53.8%-3.1%-1.3%
Q3 2025+9.5%-125.2%-78.0%-1.8%-1.1%
Q4 2025+32.8%-0.2%+9.1%+0.4%+0.2%
Q1 2026+44.1%-19.5%-6.0%-0.3%-0.2%
PeriodCashDebtNet debtCurrent ratio
Q2 2024$296.7M$944.4M$647.7M6.90
Q3 2024$284.4M$943.6M$659.2M6.93
Q4 2024$282.4M$914.5M$632.1M6.29
Q1 2025$198.3M$916.2M$717.8M4.12
Q2 2025$261.5M$916.8M$655.3M3.60
Q3 2025$1.1B$1.0B$-112.3M8.05
Q4 2025$1.2B$1.0B$-122.9M7.24
Q1 2026$887.1M$1.0B$160.9M7.18
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$2.1B$2.8B67.7-15.2
Q3 2024$2.9B$3.6B46.0-27.6
Q4 2024$2.5B$3.2B41.8-27.9
Q1 2025$4.0B$4.7B65.7-43.6
Q2 2025$5.5B$6.1B95.0-43.8
Q3 2025$11.7B$11.6B218.0-69.9
Q4 2025$9.0B$8.9B86.6238.3
Q1 2026$8.6B$8.7B64.5-269.3
Refreshed 2h ago
Research data
Estimates, events and peers
Estimates
6 periodsFY 2026$444.0M+61%9 analysts
FY 2027$792.7M+188%10 analysts
FY 2028$974.5M+254%11 analysts
FY 2029$1.2B+325%5 analysts
FY 2030$1.8B+547%5 analysts
Q1 2029$189.4M+42%5 analysts
Events
Earnings · dividends · splits2026-08-06EarningsRevenue est. $95.7M
2026-05-07EarningsRevenue est. $74.8M
2026-02-26EarningsRevenue est. $76.1M
2025-11-06EarningsRevenue est. $53.2M
2025-08-07EarningsRevenue est. $46.1M
2025-05-08EarningsRevenue est. $61.8M